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A project will produce cash inflows of $3,200 a year for 4 years with final two cash inflows of $5,700 in year 5 and year

A project will produce cash inflows of $3,200 a year for 4 years with final two cash inflows of $5,700 in year 5 and year 6. The project's initial cost is $9,500. What is the net present value of this project if the required rate of return is 16 percent? A. $4,507.54 B. $5,384.62 C. $6,173.79 D. $2,168.02

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